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@acemaxxanalytics@econtwitter.net · 3 days ago

European #naturalgas prices could more than double if #shipping through the #Strait of Hormuz is halted for one month, acc. to #GoldmanSachs - chart @bloomberg.com https://www.bloomberg.com/news/articles/2026-03-01/goldman-says-european-gas-could-jump-130-on-hormuz-disruption

About a fifth of the world’s liquefied natural gas, mainly from Qatar, goes through the chokepoint and a month-long halt could see European prices and spot Asian liquefied natural gas surge 130% to $25 per million British thermal units, they said.

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BT Free is a non-profit organization founded by @ozoned@btfree.social . It's goal is for digital privacy rights, advocacy and consulting. This goal will be attained by hosting open platforms to allow others to seamlessly join the Fediverse on moderated instances or by helping others join the Fediverse.

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